Latest Drilling News

Terrain Minerals has made significant progress across its gold, lithium, and rare earth projects during the December 2025 quarter, including drilling milestones and a successful $2.76 million capital raise. The company targets a maiden resource at its Lightning gold prospect by mid-2026.

Belararox Limited has completed an $8.5 million placement to accelerate copper exploration, with drilling now underway at its TMT Project in Argentina.

Lion Rock Minerals confirms coarse monazite crystals in residual soils at its Minta Est project, validating its exploration model and advancing its rare-earths ambitions. The milestone achievement also triggers the issuance of 500 million deferred shares to vendors.

S2 Resources has completed its first drilling campaign at the Warraweena project in NSW, revealing volcanic rocks akin to the Macquarie Arc and promising copper mineralisation. Further geophysical work is planned to pinpoint the source of magnetic anomalies and advance exploration.

Australis Oil and Gas has completed a pivotal financing transaction with EQV Partners, transferring 90% interest in its producing wells and clearing its debt with Macquarie Bank. This move reshapes its operational and financial landscape as it prepares for upcoming drilling activities.

West Coast Silver Limited has raised $3.2 million through a strategic placement to fund its 2026 exploration program at the high-grade Elizabeth Hill Silver Project, aiming to unlock further silver mineralisation in the region.

Flagship Minerals has received a second $1.25 million funding tranche from strategic partner Xinhai following completion of due diligence at the Pantanillo Gold Project. Environmental baseline studies are underway, and a JORC-compliant Mineral Resource Estimate is expected soon.

Dundas Minerals has secured an 80% stake in the Romano Project, an 800 km² gold exploration package adjacent to the Gruyere mine in Western Australia, unlocking new potential in a historically underexplored region.

Austin Metals is refining a promising Vadrians-style BIF-hosted gold model at its Brunswick Hill Prospect, supported by recent high-grade drilling and poised for expanded exploration in 2026.

Kuniko Limited reports promising high-grade gold and silver rock chip results at its Geenobby Prospect, confirming a structurally controlled mineralised system and setting the stage for imminent drilling in early 2026.

Charger Metals NL has announced a significant high-grade gold discovery at its Xmas Gold Discovery within the Mt Gordon tenement, part of the Lake Johnston Lithium and Gold Project. This breakthrough enhances the prospectivity of multiple undrilled targets and sets the stage for an expanded exploration campaign in 2026.

Charger Metals NL has lodged a mining lease application for its Medcalf Lithium Deposit and plans a drilling campaign to expand resources at its Lake Johnston project in Western Australia.